kHYPE PTs are now live on Felix Vanilla for looping and stablecoin borrowing. What are kHYPE PTs? kHYPE PTs allow kHYPE users to buy kHYPE at a discount relative to the market price which can then be thought of as a fixed yield in kHYPE terms. This is ideal for users who want to lock in a yield, in return for giving up the upside of speculative yield. How are kHYPE PTs priced on Felix Vanilla? A linear discount oracle is used to price kHYPE PT collateral, where PT-kHYPE is priced at a discount to kHYPE and approaches 1:1 with kHYPE as it reaches maturity on the expiration date. This linear discount approach allows borrowers to loop more reliably without concerns of short-term depegs. Use kHYPE PTs on Felix:

Who's ready to loop kHYPE PTs and earn leveraged yield?

kHYPE is live on Felix CDP with a 10M mint cap Mint feUSD against kHYPE today

$100m kHYPE on Felix Somewhat coded, some may say

kHYPE AMM introduces a new lending module. HYPE reserves will be passively lent out to @felixprotocol Vanilla markets, earning lending yield and Felix Points. Public launch very soon. Another early access code below ⬇️

Almost 9.4% APY just to lend HYPE on @felixprotocol Vanilla now The kHYPE looping demand is real

Day 2 of three days of @kinetiq_xyz kHYPE strategies on Felix: >Strat 2: The kHYPE Leverage Loop 1. Deposit kHYPE collateral on Felix Vanilla (say 2% staking yield) 2. Borrow HYPE (say 1.2% borrow cost) 3. Stake HYPE with Kinetiq to mint more kHYPE 4. Repeat At a loop with LTV at 80% (say max LTV is 86%), earn ~5.20% APY on HYPE + incentives, and (assuming kHYPE maintains HYPE peg), take 5x reward exposure This is the kHYPE bull strat

Today we begin three days of strats for kHYPE on @felixprotocol >Strat 1: The kHYPE DN Trade 1. Deposit kHYPE on Felix Vanilla (say 2% staking yield) 2. Borrow @usd_hl (say 5% borrow cost) 3. Sell USDhl for USDC on HyperCore (hopefully not a needed step much longer) 4. Short HYPE perp (funding rate at 27%) Earn 24% APY + incentives and remain delta neutral so long as funding rate favors shorts As always, feel free to reach out with questions on execution/risk associated with this strat gFelix, km

Today we begin three days of strats for kHYPE on @felixprotocol: >Strat 1: The kHYPE DN Trade 1. Deposit kHYPE on Felix Vanilla (say 2% staking yield) 2. Borrow USDhl (say 5% borrow cost) 3. Sell USDhl for USDC on HyperCore (hopefully not a needed step much longer) 4. Short HYPE perp (funding rate at 27%) Earn 24% APY + Felix incentives + Kinetiq incentives and remain delta neutral so long as funding rate favors shorts As always, feel free to reach out with questions on execution/risk associated with this strat gFelix, km

loopedHYPE x @felixprotocol Felix has now been integrated into AutoLoop, LHYPE's auto-looping strategy. Not only will LHYPE holders gain exposure to Felix points, but looped Felix points, via LoopDrops. How far do you think loopedHYPE can climb in the Felix rankings?